Ways to get your Taxes done CHEAP
Tax Hacks 2019
The deadline to get your taxes done and handed into the government is nearly here. If you are like thousands rushing to put the final touches on your tax forms and running to the post office by midnight, we feel you! While you might be excited to get that refund back, lots of people wait.
Now is the time to get going on your taxes and get them done cheaply or even for free! Lots of people turn to tax professionals and pay to have them filed. However, there are lots of free or much cheaper options you can try out right now.
Volunteer Tax Income Assistance
Did you know the IRS sponsors a program that uses trained volunteers to help you, a taxpayer, complete the basic state and federal tax returns? It is called VITA or Volunteer Income Tax Assistance.
If you earn less than $54,000 per year, have a disability or limited English-language abilities, you might eligible for this assistance.
There are some resources you can use to assist with this experience.
- Online Locator Tool: This tool shows you when and where to find free VITA tax prep help. Find out if you need an appointment or if you can just walk in. Also, you can call 800-906-9887. The IRS website has a list of what to bring to your appointment.
- Self-Prep: You can also prepare to file your state and federal tax forms using tax software with the help of the volunteers of VITA. Check to see if the location you are interested in offers this service on their site listing.
- Want to volunteer? If serving low and moderate income families with their taxes sounds like something you would enjoy doing, the IRS will train you. Find out more at the IRS website.
Tax Services for the Elderly
Another volunteer service the IRS provides is particularly for the elderly. The volunteers for this program are certified and provide the service through the TCE or Tax Counseling for the Elderly.
The IRS provides an online locator tool that will point you in the direction you need for this service. This will determine if you need an appointment or if you can walk in. As always, you can call 800-906-9887. Don’t forget, the IRS website also provides a list of what to bring with you to the appointment.
If your income is below a specific level, you may qualify for Free File. It is a partnership between the IRS and commercial tax-preparation softwares that participate in the IRS Free File program.
If your income is above the limit, you are limited to using the free, fillable, electronic versions of paper tax forms. Keep in mind that these forms will do your tax math for you, but you will only get basic guidance.
The best part is that these companies offer FREE ways to file your tax returns. However, there are a few downfalls. First, they are limited in that some of them do not offer state return services. Also, these are for people with the most basic tax return situations. Lastly, some do have hidden fees. Just be sure to cover all your bases before signing up.
United Way has developed a program called My Free Taxes. Just like the name sounds, they have a free tax filing system with the help of using H&R Block software. They offer free filing for both your state and federal returns. Help is also available in both English and Spanish. Eligibility for this free service requires individuals or families to have a combined household income of less than $66,000.
The IRS is your friend during tax reason. Be sure to visit their website and take advantage of all they have to offer. Try visiting a taxpayer assistance office if it all becomes overwhelming.
Some great resources to check into include:
- Preparing and filing tax returns
- Screen and selecting a tax professional
- For Businesses and the Self-Employed
- Find Your Refund
It is time to take the first step to getting your tax refund back and that is to file your taxes. The deadline is fast approaching and you do not want to waste another minute. The good news is that there are plenty of free options to get your taxes filed and lots of great resources.